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2013 (11) TMI 78 - AT - Central ExciseWaiver of Pre-deposit of Interest – availing depreciation while availing cencat credit - capital goods - The original authority disallowed the credit and also allowed to re-credit the same as they have filed the revised return - Relying upon Yee Kay Technocrat (P) Ltd. Vs. CCE [2011 (1) TMI 544 - CESTAT, NEW DELHI] - Prima facie they have to pay interest for the period - the applicant is directed to deposit a sum of Rs.30,000 towards interest - Upon such deposit, pre-deposit of the balance interest and penalty would be waived and recovery stayed during the pendency of the appeal – Partial stay granted.
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